TELUS

TELUS

Provides telecommunications and technology services

About TELUS

Simplify's Rating
Why TELUS is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Consumer Software

Healthcare

Company Size

10,001+

Company Stage

IPO

Headquarters

Vancouver, Canada

Founded

1990

Overview

Company Does Not Provide H1B Sponsorship

TELUS Corporation provides a variety of telecommunications services, including internet, television, and mobile phone services, primarily in Canada but also expanding internationally. Their products work through subscription models, allowing customers to access high-speed internet, cable TV, and mobile connectivity. TELUS differentiates itself from competitors by not only focusing on telecommunications but also investing in healthcare and agriculture technology to enhance outcomes in these fields. The company's goal is to promote sustainability and community engagement, including initiatives aimed at reconciliation with Indigenous communities.

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Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • TELUS's investment in Raven Connected taps into the growing connected car technology market.
  • Expansion of 5G services by Koodo can attract more customers to TELUS's offerings.
  • TELUS Health's acquisition of My SSP strengthens its position in the mental health services sector.

What critics are saying

  • High-interest debt from $1.6 billion note offering may impact TELUS's profitability.
  • 6,000 job cuts could lead to decreased employee morale and affect service quality.
  • Acquisition of City Wide Communications may face backlash for reducing market competition.

What makes TELUS unique

  • TELUS integrates telecommunications with healthcare and agriculture technology for diversified services.
  • The company emphasizes sustainability and community engagement, including Indigenous reconciliation efforts.
  • TELUS's acquisition of Vumetric enhances its cybersecurity offerings, differentiating it in data protection.

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Funding

Total Funding

$2621.1M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Flexible Work Hours

Paid Vacation

401(k) Retirement Plan

Professional Development Budget

Company News

TipRanks
Apr 18th, 2025
TELUS Launches $1.6 Billion Junior Subordinated Note Offering

TELUS has announced the pricing of $1.6 billion in fixed-to-fixed rate junior subordinated notes through a syndicate of agents. These notes, issued in two series with a 30.25-year maturity, are intended to help the company repay outstanding debts and support general corporate purposes. The Series CAR notes have an initial yield of 6.25% and the Series CAS notes have an initial yield of 6.75%, with both series having mechanisms to reset interest rates every five years. The issuance of these notes is expected to enhance TELUS’s financial flexibility and strengthen its market position.

Cartt.ca
Jan 27th, 2025
Telus purchased City Wide Communications through subsidiary - Cartt.ca

Telus quietly purchased the residential internet customers of wholesaler City Wide Communications through its subsidiary Altima last summer, the Vancouver-based telecom confirmed. β€œAs a new entrant in the region, Altima is offering customers the added benefits of greater access to a wide range of products, including mobility, home automation, security, health, and entertainment,” a Telus... Read more Β»

BetaKit
Jun 28th, 2024
Raven Connected Intends To Grow Workforce By 25 Percent With Series A Funding Led By Telus Global Ventures

Connected car startup uses machine vision to track and analyze company vehicles and drivers

BetaKit
Jun 3rd, 2024
Acorn Nabs $11M Series A To Boost Access To Regenerative Medicine

Biotech startup aims to unlock hair regrowth, skin rejuvenation, disease treatment by preserving cells

Startup Daily
May 9th, 2024
Farming stock management software startup plants $11 million raise

The 10-year-old startup attracted listed Swedish climate solutions firm Munters Group as a new investor as it moves to profitability

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TELUS is Hiring for 153 Jobs on Simplify!

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$37k - $73k/yr

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Controller - Corporate Accounting

Toronto, ON, Canada

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TELUS is Hiring for 153 Jobs on Simplify!

Find jobs on Simplify and start your career today

πŸ’‘
We update TELUS's jobs every few hours, so check again soon! Browse all jobs β†’